ASIC Class Order [CO 02/832]
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Interpretation
For the purposes of this instrument:
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“registered holder” means, subject to paragraphs 2 and 3, a person recorded in the register of members of a registered scheme as a member of that scheme;
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if 2 or more persons are recorded in the register of members as jointly holding interests in the scheme they are taken to be a single registered holder and a certification by any of them for the purposes of paragraph (c)(v) of Schedule B is taken to be a certification by all of them;
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if a trustee or nominee is expressly noted on the register of members as holding interests on account of another person (a “beneficiary”):
(a) the beneficiary is taken to be the registered holder in regard to those interests; and
(b) any application for the issue of interests or certification for the purposes of paragraph (c)(v) of Schedule B by, and any issue of interests to, the trustee or nominee, is taken to be an application or certification by, or an issue to, the beneficiary;
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if an interest must under the terms on which it is traded only be transferred together with one or more other interests or other financial products (together a “stapled security”), the $5,000 limit in paragraphs (c)(iv) and (c)(v) of Schedule B applies to the stapled security as if its component interests and products constituted a single interest rather than to any of those components separately; and
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a reference to an offer for the issue of interests in a registered scheme [I think Sch A para 1 shoincludes a reference to inviting an application for the issue of the interests.
Dated this 17th day of September 2002